F355 - How Much?????

[swb1]

Hi All,

Looking into getting my first ferrari, and always wanted the 355.
Have been looking at a the following:

99T - Berlinetta
6,500 miles
3 owners??
Rosso
Manual
Cream Interier.
Cars in good condition, but needs belts, small dent inrear wing, a/c control crikly and sticky
Has it had too many owners for such low miles???
Can anyone tell me how much I should be offering?

Chhers

Matt

[TB303]

Personally I would want to pay late 30s for that, but I'm sure it's the sort of car that will be advertised for a touch over 40 even privately, and had it been serviced already main dealers would have it on for close to 50 IMO.

I'm waiting till next year now when the economy properly tanks.

[jdw1234]

Nice.

1999, low miles, manual, GTB in that colour scheme will be the easiest to shift on as well.

[bqf]

I don't believe the mileage, so discount that - folks clock supercars regularly and 6,500 is way too low, and can never realistically be verified, even with MOTs, services etc.

I think £37,000 is good money for it.

I'm looking at a 1995 for £36k that has done 46,000 miles and had 6 owners! Suspect I won't pay anywhere near that though.

[johnnyreggae]

Looking at the ads I reckon a dealer would be selling in the fifties with service etc etc done as it would effectively be a collector car with that mileage

As I recall the official PH buyers guide suggests you might be better off with more miles unless you don't intend to drive it

[chris5150]

My old one is up for sale 99 F1 GTS OW52 KWH, ( first owner was in ireland soit was given a plate in 2002 when it came across to the uk, hence the plate )forget who its one with now...2 owners (including me ), 18k miles , I put a £3.5k larini exhaust on it...full cambelts & service & looked after by shiltech...I had it for 18 months ran spot on. Think it was up for £45k
I have no interest in the sale, as I say not sure which garage has it, I traded it at JCT600....I just mention it as its always nice to have some info on possibles

[phib]

If and its a massive if the mileage is genuine, then 50k +

Many have been clocked or just had the mileometer turned off.

The easiest way to tell is by looking at the interior it should be mint and seats should not be re painted.

The interior should be much better than this unrefurbed one ( which has done 39k)

Phib

Edited by phib on Friday 2nd December 18:35

[Audi 525i]

swb1 said:

Hi All,

Looking into getting my first ferrari, and always wanted the 355.
Have been looking at a the following:

99T - Berlinetta

6,500 miles

3 owners??
Rosso
Manual
Cream Interier.
Cars in good condition, but needs belts, small dent inrear wing, a/c control crikly and sticky
Has it had too many owners for such low miles???
Can anyone tell me how much I should be offering?

Chhers

Matt

Is it illegal to disconnect the mile-counter thingy whilst driving?

[burriana]

Audi 525i said:

Is it illegal to disconnect the mile-counter thingy whilst driving?

I think yes, it might illegal to disconnect the odometer whilst driving - as well as fairly tricky I would imagine.

At 6500 miles I would not even consider it personally unless you are going to treat it as a garage queen and never drive it down to Le Mans, or over the Alps to Italy, or any other trips that make owning these cars so special.

You will be paying top dollar for a car that has no miles (IF that is accurate). As soon as you put reasonable miles on it you will not only take the hit on the depreciation after buying it, but also losing the premium for the low mileage. Then you have the hassle of all the niggly things that go wrong and don't work properly on an under-used car.

If it had 36,000 miles I would hazard a guess it would drive far better. Just my humble opinion.

If you want to sit and look at it, then go for it - If you want to drive it, get one that is fit and run in.

View it like an athlete that has been in constant training, versus one that was in peak condition, but has hasn't done any training for a few years

[BrendonJ]

For what it's worth I've met 2 people this year who bought low mileage (<7k) mint 355's (one a gtb and one a gts) both for approx £60k.

However in saying that If I was the average man on the street buying one I'd go for a car that had been driven regularly, I would factor in 5k miles a year use

[burriana]

Is that "your" driven regularly or a normal person's driven regularly?

[Galsia]

I would presume that most Ferraris have been clocked. I would say that a 6000 mile 355 almost certainly has though.

[JasonSF]

If you are considering a 355. Try and find one with the fiorano handling pack. They handle so much better. After driving a car with the fhp the standard car feels a little twitchy. On the mileage front. I would opt for a well used car.

[johnnyreggae]

How many are there in the UK ? I can't recall the last one in the ads

[911944]

An attractive feature of buying a low mileage car for me is that your the one who puts the miles on! Buying one with 50k miles is fine but don't expect it to drive like it's 6000 mile counterpart. Not unless some ones spent a small fortune on up-keep. A 6000 mile car after a good service and check over should prove extremely reliable.

I'd value the car you speak of at about 45,000 retail.

[CliveM]

911944 said:

An attractive feature of buying a low mileage car for me is that your the one who puts the miles on! Buying one with 50k miles is fine but don't expect it to drive like it's 6000 mile counterpart. Not unless some ones spent a small fortune on up-keep. A 6000 mile car after a good service and check over should prove extremely reliable.

I'd value the car you speak of at about 45,000 retail.

The less attractive feature of buying a low mileage Ferrari is finding you've paid a premium for a car that feels the same as a higher mileage example - probably because it's been clocked. It's a personal thing but if it was me I'd completely ignore the mileage and get an inspection done by someone who knows what they're looking at.

[JasonSF]

CliveM said:

The less attractive feature of buying a low mileage Ferrari is finding you've paid a premium for a car that feels the same as a higher mileage example - probably because it's been clocked. It's a personal thing but if it was me I'd completely ignore the mileage and get an inspection done by someone who knows what they're looking at.

Agreed! I would put my high miler 355 against any low mileage car. Even my seats still look like new at 71k.

As seen here. http://m.youtube.com/index?desktop_uri=%2F&gl=...

Ignore miles and look at condition.

[TOV!E]

Galsia said:

I would presume that most Ferraris have been clocked. I would say that a 6000 mile 355 almost certainly has though.

Talking crap again

[CDP]

TOV!E said:

Galsia said:

I would presume that most Ferraris have been clocked. I would say that a 6000 mile 355 almost certainly has though.

Talking crap again

1 wealthy owner as part of a collection definitely feasible. With 3 owners over 12 years 6,500 miles it sounds extremely suspicious. I'd be checking the service history against the dealers and a 6,500 mile car should be almost as new.

[ClassicCarMad]

TOV!E said:

Galsia said:

I would presume that most Ferraris have been clocked. I would say that a 6000 mile 355 almost certainly has though.

Talking crap again

Why is that then?
How do you know?